Renascor Resources Ltd · ASX:RNU
Renascor Resources — Investor Presentation (August 2014)
20 slides from Renascor Resources's investor presentation, Aug 20, 2014
Slide 1: Investor Update Presentation
Renascor Resources Limited ASX code: RNU For personal use only Investor Update Presentation 20 August 2014 Renascor Resources 1
Slide 2: Investment summary
Investment summary For personal use only New Copper Discovery in South Australia • High-grade mineralised system adjacent to untested fault zone • Discovered in first target drilled – 1050 East prospect • 13m at 1.45% Cu, 66 ppm Ag and 0.17% Co (from 215m), including massive sulphide zone of 8m @ 2.
Slide 3: Corporate profile
Corporate profile For personal use only • ASX code RNU • Shares on issue 136.4m Board of Directors • Options 6.2m(1) Chairman of corporate advisory and funds • Cash (30 Jun 14) ~$1.4m Stephen Bizzell management group; previously Executive • Share price (19 Aug 14) $0.044 (Chairman) Director Arrow En
Slide 4: Olympic Dam Belt
Olympic Dam Belt Major copper province For personal use only Prominent Hill 210 Mt @ 1.22% Cu from ~100m depth, discovered 2001 Olympic Dam 9,500 Mt @ 0.82% Cu from ~300m depth, discovered 1975 Carrapateena 800 Mt @ 0.80% Cu from ~500m depth, discovered 2005 Hillside 330 Mt @ 0.6 % Cu from <50m dept
Slide 5: Eastern Eyre Project
Eastern Eyre Project Overview For personal use only Tenements & ownership EL 4721, EL 5012 and EL 5236 (100%),EL 5400 and 5401 (option to earn 100%) Access granted – 2013 Department of Defence restriction lifted Renascor commences first comprehensive exploration in +10 years 1050 East discovery – 20
Slide 6: Eastern Eyre Project: compared to other large Cu deposits
Eastern Eyre Project Compared to other large Cu deposits in region For personal use only Renascor’s Eastern Eyre Large copper deposits in South Australia Project Location: Olympic Dam corridor ✔ Geology: Host rock associated with Hiltaba granites ✔ Geologic Geology: Gawler Range Volcanics ✔ signatur
Slide 7: 1050 East copper discovery
1050 East Copper discovery For personal use only Near-surface copper halo (RC/RAB drilling) Massive sulphide zone Extensive ore-grade copper Polymetallic (Cu+Co+Ag) Existing zone of massive From ~200m sulphides from drill intersections (~200m Near-surface copper halo depth) Wide zone of shallow copp
Slide 8: 1050 East massive sulphide zone
1050 East Massive sulphide zone For personal use only 47m @ 0.59% Cu, 55 ppm Ag 12m @ 0.45% Cu and 10m @ 0.23% Cu (from and 0.03% Co (from 172m), incl: 102m) and 16m @ 15ppm Ag (from 102m) 2m at 3.5% Cu, 142 ppm Ag 0.23% Cu (from 116m) and 16m @ 0.23% Cu and 0.03% Co (EERCDD003) (EERC02) (from 103m)
Slide 9: 1050 East EEDD012 massive sulphides
1050 East EEDD012 - massive sulphides For personal use only Host rock associated with Hiltaba/GRV Moonabie formation Olympic Dam age Portion of 3m @ 4.0% Cu, 164 ppm Ag and 0.42% Co Hole EEDD012 – portion of massive sulphide interval from 217.5 metres to 221.5 metres Renascor Resources 9
Slide 10: 1050 East extensions to massive sulphides
1050 East Extensions to massive sulphides For personal use only Section 4400N Massive sulphides from 150m in wider copper mineralised zone EM survey shows conductive response (partially masked by shallow shale sequence) Drill targets Increase in massive sulphide thickness from 200m Further quartz/po
Slide 11: Targets along-strike from 1050 East
Eastern Eyre Project Targets along-strike from 1050 East For personal use only Roopena-Angle Dam fault Conduit for 1050 East-style mineralisation Extends through project area for +40km Limited exploration Prospects Southern fault geophysical targets Northern fault: drill-ready IOCG targets Soil samp
Slide 12: Eastern Eyre southern fault trend
Eastern Eyre Southern fault trend For personal use only Highway Wizo Well Gravity/magnetic Gravity anomaly anomaly 1050 East Priority targets Massive sulphides Malachite 3m @ 3.85% Cu Multiple prospects 8m @ 2.2% Cu, 92 ppm Ag and 0.26% Co identified within fault 1050 93m@ 0.12% Cu trend along-strik
Slide 13: Southern Fault Trend: McMahons
Southern Fault Trend McMahons For personal use only Roopena-Angle Dam fault zone Strong gravity anomaly Coincident magnetics Untested Gravity image for McMahons prospect Renascor Resources 13
Slide 14: Eastern Eyre northern fault trend
Eastern Eyre Project Northern fault trend Laura For personal use only Gravity/mag anomaly Roopena- Ozone/Laura Ozone Angle Dam fault zone Coincident gravity/magnetic Gravity/mag targets anomaly Along-strike from 1050 East Structural setting comparable to WMC’s historic Spencer IOCG Spencer Spencer E
Slide 15: Northern Fault: Ozone and Laura
Northern Fault Ozone and Laura For personal use only Laura Gravity anomaly with coincident magnetics No historic drilling over gravity Ozone Strong gravity and magnetics Anomalous copper in limited drilling Geophysical anomalies not explained Residual gravity contours on aeromagnetic image showing l
Slide 16: Nilginee prospect
Eastern Eyre Project Nilginee prospect For personal use only Striking gravity anomaly +3MGal amplitude 3km strike-length Centre of gravity feature coincident with magnetic anomaly Within broad zone of elevated gold geochemistry Location o Southern end of project area (see insert map right) o Along-s
Slide 17: Uranium Projects: Warrior and Frome
Uranium Projects Warrior and Frome For personal use only Portfolio includes low-cost Location of Renascor’s South opportunities to take advantage of Australian projects increase in uranium price Warrior Advanced, historic uranium project Limited modern exploration Two-fold opportunity: • Modern expl
Slide 18: Work Program for second half 2014
Work Program for second half 2014* For personal use only 2014 Q2 Q3 Activity J A S O N D Geophysics (1050 East) Geochemical sampling (Fault targets) Diamond drilling (1050 East) Data review RC/diamond drilling (1050 East/fault targets) Note: * Indicative only and subject to change Renascor Resources
Slide 19: Summary
Summary For personal use only New copper discovery at 1050 East Major copper system Olympic Dam copper belt Management successful in target region Immediate follow-on drilling commencing August 2014 Pipeline of new, untested targets Imminent discovery opportunities Strong news flow from active drill
Slide 20: Important notice
Important notice For personal use only Forward Looking Statements This Presentation may include statements that could be deemed “forward-looking” statements. Although Renascor Resources Limited (the “Company”) believes the expectations expressed in such forward-looking statements are based on reason
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